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posted by Fnord666 on Saturday April 01 2017, @04:14AM   Printer-friendly
from the show-me-the-money dept.

From NewsMax:

Amazon will start collecting state sales taxes nationwide starting April 1 after those governments complained for years about losing revenue to the Internet retail giant.

The move adds Hawaii, Idaho, Maine, and New Mexico to the states where Amazon will collect state sales taxes, after other states were added earlier this year, CNBC noted. Amazon will not collect state sales taxes in Alaska, Delaware, Oregon, Montana, and New Hampshire because they don't have sales tax levies.

The National Conference of State Legislatures said its members lost $23.3 billion in revenue in 2012 due to their inability to collect sales taxes from online purchases, CNBC noted. Amazon, the biggest e-commerce business, will collect state sales taxes for all entities that have them.

[...] Money magazine wrote this week that New York Gov. Andrew Cuomo is calling for internet retailers like eBay, Etsy, and similar online marketplaces to be made to collect state and local sales tax. Proposals are in the works for New Mexico and Rhode Island.


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  • (Score: 2) by GungnirSniper on Saturday April 01 2017, @10:18AM

    by GungnirSniper (1671) on Saturday April 01 2017, @10:18AM (#487561) Journal

    They're also inefficient, and add a barrier to entry.

    The more dollars a person has the less each additional dollar is valued subjectively, and thus the more it should be taxed.

    At what point does a disproportionate percentage more become unethical or immoral? What's wrong with using the same rate for everyone?

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